auction clearance rates

December 5, 2016

The combined capital city preliminary clearance rate rose this week to 75.0 per cent, up from last week’s final clearance rate of 73.0 per cent. This week’s auction market results indicate that clearance rates are maintaining strength coming into summer, a trend that is very different compared with last year’s performance when auctions clearance rates…

Auction activity has continue to rise through in the final month of spring, however the number of auctions remains well below the highs recorded a year ago. The preliminary clearance rate was 77.5% across 2,490 reported auction results. This is higher than last week’s final clearance rate of 74.4 per cent, with auction volumes increasing…

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October 31, 2016

The final weekend of October shows the auction clearance rate remains high across the combined capital cities, recording above 70.0 per cent for the 14th consecutive week. There were 2,246 auctions held across the capital cities, with a preliminary auction clearance rate of 77.6 per cent, showing only a slight decrease over last week’s final…

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September 19, 2016

Based on preliminary results, the combined capital city clearance rate rose this week, from 75.4 per cent last week to 77.9 per cent. This week, the clearance rate across the capitals is higher than one year ago, when 69.9 per cent of reported capital city auctions cleared. There were 2,093 capital city auctions held over…

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September 5, 2016

The number of homes taken to auction this week fell slightly to 1,858, compared to the 2,153 auctions held last week and 2,297 one year ago. The preliminary clearance rate was higher than the previous week’s result of 74.5 per cent and up from last year, when the clearance rate was recorded at 73.2…

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August 29, 2016

There were 2,113 auctions held across Australia’s capital cities this week, a rise from last week, (1,795) yet lower than the 2,654 auctions held at the same time last year. It is expected that auction activity will begin to pick up as we head into the spring selling season. The preliminary auction clearance rate was…

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June 13, 2016

The number of capital city auctions held this week was 1,053, falling significantly given most states and territories have a public holiday today. Preliminary results show that 67.2 per cent of auctions were successful this week, compared to 68.2 per cent last week across 2,008 auctions and 75.9 per cent one year ago, across 2,076…

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April 25, 2016

The Sydney weekend auction market continues to track backwards, with low listings and a consolidating trend of falling clearance rates. The relatively subdued school-holiday market will be influenced on Saturday by further low listings as a consequence of the distractions of the Anzac Day holiday long weekend. A total 430 auctions is scheduled, higher than…

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November 16, 2015

The Melbourne home auction market produced a steady result at the weekend and still remains encouraging overall for late-spring sellers, but a huge challenge lies ahead. The clearance rate held steady at 69.8 per cent on Saturday, just above the 69.7 per cent recorded the previous weekend. However, it was below the 72.1 per cent…

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November 9, 2015

Auction volumes remain high with 2,898 properties taken to auction this week, up from 2,547 last week, while the clearance rate has increased to 63.7 per cent, up from 61.0 per cent, the lowest clearance rate since the week ending 8th June 2014 (60.6 per cent). The higher weighted average clearance rate was mainly the…

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